Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App

Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App

Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography was compromised.”

While the details of exactly how this occurred are still under investigation, private key information was inadvertently transmitted to an application monitoring service. There is no evidence the Solana protocol or its cryptography was compromised.

During the official statement, the Slope team further recommended that Slope wallet users “create a new and unique seed phrase wallet, and transfer all assets to this new wallet.” Slope added:

If you are using a hardware wallet, your keys have not been compromised.

What do you think about the issues with Slope wallet and the recent exploit that affected Solana users? Let us know your thoughts about this subject in the comments section below.

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